Frequently Asked Questions
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What is it?
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The Ninety-Nines Endowment Fund is established as a permanent investment income fund to provide future financial support for The Ninety-Nines, Inc. Income from the Fund is reinvested to build principle. When the principal reaches $1,000,000, the International Board of Directors will allocate the annual income earned by the principal for perpetuation and advancement of 99s' activities. The principal, comprised of your donations, will remain intact.
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What is the goal?
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The Ninety-Nines Endowment Fund has a goal of raising $1,000,000.
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Who manages the Fund?
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Five trustees have been elected by the membership to supervise the affairs of the Fund. They are Mary Wunder (Chairman), Judith Bolkema-Tokar, , , and Virginia Harmer.
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How will the monies be used?
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Once our goal is reached and only until that time, the interest will be allocated to perpetuate The Ninety-Nines, Inc. mission: to provide networking and scholarship opportunities for women and aviation education in the community.
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Can I donate stocks or other properties?
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Absolutely! Stocks, mutual fund shares or real estate generally absolve the donor from paying capital gains taxes. We accept these items graciously and we also have the resources to arrange charitable gift annuities/remainder trusts/lead trusts. Contact us today!
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How can I contact you?
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Just complete the form below and click on the SUBMIT INFORMATION button at the bottom.
Endowment Form
